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They recently hired a new auditor but I don't know if they will need to file an extension.
No worries. We will see in a few weeks.
Sprycel, you are correct. The 10K is due the end of March.
Me too (since Oct. 2017).
We know what we own and what is coming soon.
I'm sure they are very busy. We should see the impact on Q1 revenue with the Q1 report due May 15th.
Last Q the revenue was a little over $500K.
If they can show a dramatic increases this Spring based on the current deals they have, they will have a much better story to spread.
I know everyone wants instant gratification but SOLI management is working their plan their way...for better or worse.
To me revenue is the key to a sustained and high PPS run.
It is coming!!
Thanks EdF.
TDOC has spend tons of money on acquisitions (InTouch Medical which they are currently acquiring, they are paying $600 million for $80 million in revenue...7.5 times revenue)
I believe SOLI will show exponential revenue growth this Spring/Summer by making key deals.
Our PPS will grow exponentially just like the revenue.
Thanks Mike!
The most important priority for any company is become profitable to sustain it's self as a viable company. In addition to controlling expenses, the company most grow revenue to maximize profitability.
Over the last few months SOLI has PR'd about two very big deals ( MAXIS GBN on 12/3/20 and Trapollo on 2/5/20). Although we don't have details on these deals, I believe that they will dramatically increase revenue.
In addition completing revenue generating deals, SOLI completed SOC 2 Type 1 Audit Certification,
appointed new Board Members, filed to the OTCQB, and hired a new audit firm.
Now I am not saying that management should or should not be doing more, but I am sure that there are many other things being worked on/completed that we don't even know about at this time.
When I look at other opportunities in the OTC I do not see any with the potential that SOLI has.
The run last year was based on speculation and wasn't sustained. The run that will happen this year will be based on revenue growth and will be sustained.
I know what I own here.
It's like we bought tickets for a hot show early on. Made some money selling the extra ticket on StubHub. Now we are waiting for the main event eating popcorn, for free.
Some people buy tickets for the movie and enjoy the previews and the main show. Some people leave the movie theater during the previews and don't stick around to see the actual show. While some come late, miss the previews and the beginning of the movie and don't stick around for the complete main event ( and waste $ on their tickets).
I believe that SOLI is worth the wait and we will see great revenue #'s this Spring. ( like I have said before, I think that the MAXIS GBN deal is huge ).
The 10K is due the end of March.
And the Q1 for 2020 is due 5/15/20
Looking for good things here as management moves forward with their plan.
Only upside here.
Per the OTC Markets, the processing time for a OTCQB application is from a few weeks to 2 months. SOLI PRd on 1/28 that they applied.
The 10K is due the end of March, 2020
DD EdF getting the info. again.
In addition to Joshua Flood being named President and Interim CFO on SOLI OTC Markets, the Company Directors have been updated with responsibilites. Some are listed as "Independent Director" and some are listed as "Audit Committee Member and/or Compensation Committee Member.
https://www.otcmarkets.com/stock/SOLI/profile
Getting ready for OTCQB Uplisting? Maybe this week coming up?
SOLI Management getting things done.
I agree. Management is building a great company here.
Here is a direct link to the NRPI article.
https://privateequitymarkets.us/nrp-stone-inc-otcnrpi
NRPI has a featured article in Privateequity.us magazine.
Check it out.
https://privateequitymarkets.us/
Nice bid: 1mill @.011
Last quarter was $532k in revenue. We should see some nice growth in the 10K coming at the end of March, but the MAXIS deal might need to ramp up starting in the first Q of 2020 ( just my guess since we don't have the specifics yet).
Either way, I see great growth for 2020.
Mikeo56, you are 100% correct. When you buy or sell it is your responsibility. People who post that they bought because of what someone posted or that they didn't sell because they were influenced by someone is pure bull shit. It is a cowards way out not to take responsibility for one's actions .
As far as SOLI is concerned, I am as optimistic/excited as ever. I have said it before and will say it again, no one really knows how HUGE the MAXIS GBN deal is concerning revenue. MAXIS has global reach and covers ever area you would want globally. I wonder what the impact on their business has been in China given the Coronavirus.
Also, I would bet that more doors have been opened since the MAXIS deal.
Very soon we will be uplisted to the OTCQB and that will open up more opportunities.
Management continues to work their plan and accomplish task with professionalism.
Given what NRPI has laid out for us and how they:
-got reinstated,
-got current on filings,
-got the CE removed,
-eliminated shares that old management had
-Extinguished convertible Notes
-Added excellent new Board members
-targeted a great acquisition and will close on it next week
-built a very professional website
2020 will be an Epic time for NRPI
NRPI now shows Transfer Agent Verified on OTC Markets.
SS updated as of 2/13/20
That's funny. A new one to me.
was16 Member Level Wednesday, 02/12/20 08:56:59 AM
Re: Neophius post# 36534 0
Post #
36535
of 36545
When I last spoke to the OTC Markets about the requirements and process to uplist to OTCQB they said it takes anywhere from 2 weeks to 2 months.
As of yesterday it has been 2 weeks since SOLI PR'd that they applied.
So it could be anytime that they do uplist.
Looking forward to completing this next milestone.
Also,the 10K is next. Due at the end of March 2020
There is a classic rock radio station by me that plays that song ever day at 5pm for commuters drive home. LOL It is called the "drive at 5".
Are you happy this morning?
Here is a song for you. ( let me know if you ever heard this one?)
Thanks!!
Bought AAPL 2/14 $325 Calls at the open
When I last spoke to the OTC Markets about the requirements and process to uplist to OTCQB they said it takes anywhere from 2 weeks to 2 months.
As of yesterday it has been 2 weeks since SOLI PR'd that they applied.
So it could be anytime that they do uplist.
Looking forward to completing this next milestone.
35k in buys so far today.
Great to see SOLI management taking care of business. I believe that Stout was on the Service Provider list for months and maybe the filing to go to the OTCQB is what trigger the previous warning.
It really doesn't matter what took place, management took care of it. Management continues to be professional and is getting the job done.
I wouldn't be surprised if we get uplisted to the OTCQB soon.
$5 would be nice. Our time will come. SOLI making deals and getting things done all the time.
Just read the good news ( was doing physical therapy this morning ).
I agree that we are not yet getting traction because no one knows the revenue impact of this deal or the previous MAXIS GBN deal.
Have you actually talked to him about what went down? And how it was BS?
SOLI OTC Markets Profile now shows "Two Independent Directors". This is in preparation to move to OTCQB;
"At least two members of the Board of Directors and a majority of the members of the Audit Committee must satisfy the independence requirement within the later of 90 days after the Company begins trading on OTCQB or the time of the Company's next shareholder meeting."
The SOLI profile also shows " Prohibited Service Provider" because Mathew Stout is listed as Securities Counsel. I wonder if Stout will get that cleared soon?
Thanks DTGoody!